18 Dems bend the knee helping tRump pass his GENIUS Act creating a "super highway" for tRump corruption. [View all]

Eighteen Democratic senators crossed the aisle to vote for the legislation on Tuesday, siding with the Republican majority in the 53-47 Senate. Republican senators Josh Hawley and Rand Paul were the only members of their party to oppose the measure.

Elizabeth Warren, a Democratic senator from Massachusetts, has been among the most outspoken as the ranking member on the Senate banking committee, warning that the bill creates a “super highway” for Trump corruption. She has also warned that the bill would allow major technology companies, such as Amazon and Meta, to launch their own stablecoins.

The stablecoin legislation still faces several hurdles before reaching the president’s desk. It must clear the narrowly held Republican majority in the House, where lawmakers may try to attach a broader market structure bill – sweeping legislation that could make a second passage through the Senate more difficult. Trump has said he wants stablecoin legislation on his desk before Congress breaks for its August recess, now just under 50 days away.

https://www.theguardian.com/us-news/2025/jun/18/crypto-stablecoins-senate